Definition of Foreign access

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TeachMeFinance.com - explain Foreign access



Foreign access

The term 'Foreign access' as it applies to the area of energy can be defined as ' Refers to proved reserves of crude, condensate, and natural gas liquids applicable to long-term supply agreements with foreign governments or authorities in which the company or one of its affiliates acts as producer'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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